Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy

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2005-01
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Abstract
Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return. However, in notional accounts, the return that contributions earn is a notional one, set by the government, not the product of investment returns in the markets.Citation
“World Bank. 2005. Notional Accounts : Notional Defined Contribution Plans as a Pension Reform Strategy. World Bank Pension Reform Primer Series. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/11244 License: CC BY 3.0 IGO.”
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